People AKIKO-LORI GOLD
Paul Sorbera appointed vice-president and Albert Raponi appointed secretary.
1990
Madison seeks joint venture for gold mine
Madison Grant Resources says it is negotiataing with several potential joint venture partners interested in the company’s gold-silver mine near Virginia City, Mont. An independent geological report on…
Investment dealers to ask for changes in tax rules
A representative of Canada’s junior mining sector says he fully supports a recent request by the Canadian investment community for changes in the federal tax system. In a recent submission to the fede…
Jonpol plans drilling on new claim block
Jonpol Explorations (TSE) and affiliate T&H Resources (TSE) have signed an option to acquire 25 mining claims adjacent to their gold property in Garrison Twp, Ont. The new claims, which lie to the wes…
Horsham files notice to buy voting shares
Toronto-based Horsham (TSE) recently filed a normal course issuer bid with the Toronto and Montreal stock exchanges allowing it to purchase up to five million of the company’s subordinate voting share…
Adrian pulls big hole at Pumphouse
A recent hole drilled on the TOK claim gap by Adrian Resources (VSE) returned 49.2 ft. grading 1.19 oz. gold and 87.50 oz. silver per ton from the Pumphouse Lake zone. The TOK claim gap makes up part …
COATS (over-the-counter) Drilling near Card Lake
Drilling is scheduled to begin on a property adjacent to Card Lake Resources’ 5-claim package in Holloway Twp., Ont., at the beginning of January. Noranda will be testing the so-called Cadden claims f…
U.S. projects boost reserve estimates
A number of new mines opened in the southwestern U.S. during the past year. At the same time, a few exploration bets proved up to be substantial mineral deposits. For example, Crown Butte Resources (T…
People REYMONT GOLD MINES (December 31, 1990)
Michael Callahan, Angus Stewart and Stanley Ford appointed directors succeeding James Brown, Clive Brown and Ivan Christopher; Michael Callahan appointed president and Angus Stewart appointed secretar…
Stratmin making rights offering
Montreal-based Stratmin (ME) is hoping to receive about $6 million from a rights offering. Holders of the company’s A shares, as of the close of business Dec. 19, will receive three rights for each sh…
People UNITED COIN MINES LTD. (December 31, 1990)
David Libby resigned as a director. A successor to be announced.
Guyana gold find reported by S.A. Goldfields, Denison
Joint venture partners South American Goldfields (TSE) and Denison Mines (TSE) have reported a new high-grade gold discovery near a former gold mine on their Aurora property in Guyana. The partners re…